African countries are steadily strengthening their fiscal conditions, which might give considerable economic gains at a time when the global economy is becoming more unpredictable.
According to the World Bank's Making Industrial Policy Work in Africa study, primary fiscal deficits in Sub-Saharan Africa are expected to approach balance between 2026 and 2028, following continuous improvements since 2021.
The regional primary deficit is estimated to fall from 3.2% of GDP in 2020 to 0.7% in 2025, with a balanced fiscal account projected in 2026.
A solid government balance, where revenues roughly equal or surpass expenditures, can provide various benefits to African economies.
One of the most significant is increased budgetary stability.
